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Signing bonus vs relocation allowance tax implications?
Posted 12 October 2013
I just got a job offer in CPT and currently in DBN and the company is giving me a signing bonus R100K. what are the tax implications of signing bonus compare to getting a relocation allowance instead of the bonus.
TaxTimsays: 14 October 2013 at 10:24
A relocation allowance can be exempt from tax whereas a sign on bonus will be subject to tax.